Meta Platforms • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 18.0× the size of Meta Platforms • Robinhood Token (META) by market capitalisation. Over the past 30 days, MSTRX is ahead by 5.1 percentage points (META -0.4% against MSTRX +4.7%). Their daily returns move closely together (correlation 0.66 across 30 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against META's 64%.

Correlation: 0.66
Size ratio: 1 : 18.0
Ahead over 30 days: MSTRX

Meta Platforms • Robinhood TokenMETA

$613.3800

24h: +0.70%
Market cap: $7.20M
Volume 24h: $4.17M
Volatility (ann.): 64%

MicroStrategy xStockMSTRX

$136.1500

24h: +2.03%
Market cap: $129.34M
Volume 24h: $2.95M
Volatility (ann.): 101%

META 5.3%Share of the two combined market caps94.7% MSTRX

Performance

METAMSTRX

7 days-14.41%-3.45%MSTRX
30 days-0.36%+4.70%MSTRX

Correlation

0.66over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6690d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	META	MSTRX
Max drawdown (400d)	-21.3%	-18.3%
Risk-adjusted return (90d)	0.08	0.30

Relative strength over 90 days: META outperformed MSTRX by 5.0% — measured on the META/MSTRX ratio, so it holds regardless of market direction.

Meta Platforms • Robinhood Token →MicroStrategy xStock →